EAlgo Inferring Missing Amounts Based on Income Statement Relationships LOHamilton Company uses a periodic inventory system. At the end of the annual accounting pe
accounting records provided the following information for product :
Required:
Compute ending inventory and cost of goods sold under FIFO, LIFO, and average cost invent
cost per unit" to decimal places and final answers to nearest whole dollar amount.
Enter the missing dollar amounts for the income statement for each of the following independent cases:
tableCasestableSalesRevenuetableBeginningInventoryPurchases,tableTotalAvailabletableEndingInventorytableCost ofGoods SoldtableGrossProfitExpenses,tablePretaxIncomeLossABCDE
